I’d argue the publicly owned ones are actually the bigger problems. At least with privately owned ones there’s usually a single individual or small group of individuals that can be influenced threatened and held accountable, or what passes for accountability these days. With publicly own companies though there’s this concept of the nebulous shareholder. There’s such a wide range of people who own the shares of the company that they are untouchable yet at the same time completely ignorable. Companies don’t have to answer to the shareholders because the shareholders don’t feel involved enough or care enough to actually speak out. Instead it’s the concept of the shareholder. Which is actually more dangerous. That anonymity makes it a more brutal and ravenous concept. Private companies are able to think more long term because the private owner is able to think long-term, or longer rather, where is publicly owned companies that Anonymous shareholder concept requires constant unending and immediate growth. Which is a cancerous concept. For society and the planet both.

Not that either is good of course, just that one’s more dangerous. Also Nestle is very very evil, publicly owned by the way.